Subscribe to be the first to learn about new business ideas. Sign up today!
Delta Airlines says $380 million in lost revenue in chaos after CrowdStrike outage: Delta said Thursday about last month’s CrowdStrike outage and the subsequent mass cancellation of flights has cost the airline about $550 million, and reiterated that it is seeking damages from both the company and Microsoft. Delta Airlines says $380 million in lost…
What is the value of 1 naira on the black market today? Dollar to Naira Black Market Today 10/8/2024: Currently, the black market exchange rate of the naira to 1 US dollar is 1600 naira. This means that for every dollar you exchange, you get 1600 naira. Black market exchange rates are not regulated by the…
For the Dangote refinery, buying Nigerian crude oil from international traders costs: In a statement on Friday, the company’s Group Chief and Head of Branding and Communications, Anthony Chiejina, said the refinery’s crude oil supply issue was with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian International Oil Company (IOC). Nigerian National Petroleum…
GCR Ratings has affirmed Dangote Industries Limited’s national long-term and short-term issuer ratings of AA+ and A1+, respectively. In its report on Tuesday, GCR also raised the country’s long-term financing of Dangote Industries Funding Company’s NGN10.5 billion Series 1 Tranche A Note at AA+(NG) and the NGN177.1 billion Series 2 Tranche B Emphasize the note….
A coalition named the Trade in Services Coalition has been formed by thirty-six business associations from Nigeria, with the assistance of the Center for International Private Enterprise (CIPE), to facilitate the enactment of the Trade in Services Protocol within the African Continental Free Trade Area (AfCFTA). According to a statement from CIPE, this coalition intends…